Budget to focus on broad economic agenda: Goldman Sachs

NEW DELHI: Leading global investment banking and securities firm Goldman Sachs in a note said the upcoming budget is likely to stick to the path of fiscal consolidation, and will focus on the broad economic agenda rather than doling out minor stimulus measures. There is limited fiscal space, Goldman Sachs said, to stimulate the economy […]

Small firms record sharp rise in digital transactions

NEW DELHI: The use of internet for entrepreneurial purposes such as taking and placing orders online, carrying out transactions online or using UPIs by unincorporated enterprises has increased to 13.5 per cent from 7.7 in rural and to 30.2 per cent from 21.6 in urban sector during 2022-23, according to the latest survey released by […]

FinMin concludes pre-Budget consultations with 120 invitees across 10 stakeholder groups

NEW DELHI: The Pre-Budget consultations for Union Budget 2024-25 were concluded on 5th July 2024, the Ministry of Finance said on Sunday. The consultation meetings were started on 19th June 2024 in the Finance Ministry and chaired by Union Minister for Finance & Corporate Affairs Nirmala Sitharaman. As per the Finance Ministry, in the course […]

‘Paytm was like a daughter to me who met with an accident’: CEO

NEW DELHI: Paytm Founder and CEO Vijay Shekhar Sharma has said the company was like his daughter who was a school topper and met with an accident on the way to an entrance test. Metaphorically speaking at the 7th JITO Incubation and Innovation Fund (JIIF) Foundation Day, Sharma said, “As a founder, my company is […]

‘North India lost 450 cubic km of groundwater in 2 decades, climate change to worsen depletion’

NEW DELHI: About 450 cubic kilometres of groundwater was lost in northern India during 2002-2021 and climate change will further accelerate its depletion in the years to come, according to a new study. This is about 37 times the quantity of water the Indira Sagar dam — India’s largest reservoir — can hold at full […]

25 citizens awarded certificate of appreciation at ‘Uri Ki Udaan’

SRINAGAR: A unique initiative called “Uri Ki Udaan” was organised by the Indian Army at Govt Degree College, Uri. The event saw felicitation of 25 local citizens, young men, women and others, who were awarded Certificate of Appreciation in recognition of their invaluable contribution across various fields primarily to include Women Empowerment, Education, Sports, Art […]

Centre notifies new Telecommunications Act provisions, focuses on spectrum utilisation

NEW DELHI: The government has notified another set of sections of the Telecommunications Act 2023, that came into effect with immediate effect. One major aspect that is being covered in the latest notification is the focus of the Central government on increasing efficiency in spectrum utilisation and various modes of achieving the same like secondary […]

June saw over 42 lakh new demat accounts amid bullish stock market

NEW DELHI: As the Indian stock market keeps touching new highs amid a record bull run, over 42.4 lakh new demat accounts were opened in the month of June, the highest account opening rate since February. In May, 36 lakh new demat accounts were opened, according to data from the Central Depository Service and National […]

Departmental farms transforming into model agricultural centres: Dir Agri Kmr

SRINAGAR: Director Agriculture, Kashmir, Chowdhury Mohammad Iqbal on Friday visited Seed Multiplication Farm Haran. He inspected different blocks of the farm and took stock of different agricultural activities and crop status of different agriculture crops cultivated for seed purposes. While speaking to the staff and technical experts of Haran Farm, the Director Agriculture expressed satisfaction […]

Govt makes ISI mark mandatory for stainless steel, aluminium utensils

NEW DELHI: The Union Government has mandated conformity to the Bureau of Indian Standards (BIS) for stainless steel and aluminium utensils, a move that aims to enhance kitchen safety, quality, and efficiency. According to the Quality Control Order issued by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, […]

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